Off TopicAre you a QOTWer? Do you want to start a thread that isn't a direct answer to the current QOTW? Then this place, gentle poster, is your friend.
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rob, Sun 1 Apr 2001, 1:00)
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No but the FTSE100 companies are more profitable and have less debt than the current prices are showing.(, Thu 11 Aug 2011, 14:31, 1 reply, 14 years ago)
I am sure you are right. Because govt's can't service debt this is having a knock on effect to industry.
If the ECB can't support the currency, it means that co's are trading in a currency that may die on it's arse. If that happens then your corporate reserves are for shit too.
It's all to do with confidence. Nothing to do with financials.
(, Thu 11 Aug 2011, 14:34, Reply)
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